Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Dip in Real Estate Stocks after RBI Hiked Key Interest Rates

Posted: 22 Mar 2010 10:16 PM PDT

Stocks of realty firms slipped as much as 4 per cent on the Bombay Stock Exchange (BSE) after the Reserve Bank hiked key interest rates to tame inflationary concerns, a move that could make home loans dearer. Realty firm Unitech slipped to Rs 70.55, down 4.27 per cent and country’s largest realty player DLF fell [...]

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